Here’s Why the Crypto Market is Down Today as Mt. Gox Moves $Billions in Bitcoin

The total crypto market cap is down around 1.3% in the last 24 hours. Bitcoin’s price itself has dropped similarly and is now trading around $66,500 after failing to break the $68,200 resistance yesterday. While the downturn isn’t particularly significant, most top altcoins are down 3-5% respectively, including Cardano, Toncoin, and Kaspa. Mt. Gox Bitcoin